Both the House and Senate versions of the budget reconciliation bill include an increase to the child tax credit, but the ...

A new Senate proposal could increase the Child Tax Credit (CTC) to $2,500, but millions of families might not benefit. The ...

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...

The maximum tax credit per qualifying child is $2,000, $1,700 of which is refundable. That refundable portion, which is called the additional child tax credit (ACTC), is $100 more than the $1,600 ...

Many people don't know they may qualify for the earned income tax credit and get up to $7,830 for some families. Here's how to claim it on taxes.

Senate and House Republicans’ big beautiful spending bills could boost the child tax credit. Here’s who could benefit.

A refundable tax credit means that if it's applied to your tax bill and there's money left over, you'll receive it as a refund. Meanwhile, Burnette says, ...

There are other refundable credits, such as the Child Tax Credit, the American Opportunity Tax Credit and the Premium Tax Credit. You may choose a big tax refund, and that's OK.

Refundable credits can result in a refund if they exceed your tax bill, while nonrefundable credits only reduce what you owe to zero. Most taxpayers take the standard deduction, ...

As part of multibillion-dollar budget negotiations this session, Ohio lawmakers will consider the new refundable tax credit worth up to $1,000 per young child, to be paid for by an increase in ...